Music Industry: Emerging Paradigm

Since its inception in the 1880s, the music industry has witnessed constant development with the development of technology. From the time music was developed into manuscripts till today where music is available in its most developed form—digitization—the music industry has come a long way. It has been observed that technology and music have almost become complementary to each other. The development of the Internet was another major milestone in the growth of the music industry. Along with this came the major impediment of rampant piracy and channels of distribution. There have been many technological advancements in this area to curb these roadblocks, such as Digital Rights Management (DRM), Safe Audio, etc. The other major roadblock for the music industry is the lack of proper backing from the legal systems as well. With this background, this book attempts to cover the various aspects of the music industry, along with its shifting paradigms and challenges and concludes with some experiences of the global music industry.